Daily Headlines: Monday, October 17, 2011

Contact us | Subscribe | Send to a Friend

October 17, 2011 News By Region  National  International  East  Midwest  Southeast  South Central  West Video Today's Headlines National Obama Pulls Plug on Long-Term Care Plan in Healthcare Law The Obama administration Friday pulled the plug on a major program in the president's signature health overhaul law -- a long-term care ... Inconsistency Is the Norm in Construction Liability Coverage In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The ... Outlining the Risks of the Business Traveler Business travelers say there's no substitute for being there. Even though budgets are tight and new technology makes it easy for people ... Arch Appoints Whiddon to Lead Railroad Casualty Business Arch Insurance Group appointed Catherine Whiddon, regional vice president, as head of the company's railroad casualty business unit. She ... ACE USA Introduces Healthcare Premises Pollution Policy ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a healthcare premises pollution liability insurance policy that ... IronHealth Expands Government E&O Products to Managed Care Organizations IronHealth, the specialty healthcare unit of Ironshore Inc., has expanded its government billing errors & omissions product suite to ... State Farm to Stop Insuring Churches in Florida Florida churches are having to seek insurance elsewhere after one of the state's provider of coverage to houses of worship has decided to... More National News East FEMA Warns N.Y. Residents to Avoid Scams in Wake of Tropical Storm Lee New York residents are urged to be alert for potential fraud during recovery and rebuilding efforts following Tropical Storm Lee, officials ... New York’s Suffolk County Had Biggest Insured Property Loss From Irene New York State's Suffolk County suffered the highest insured property loss among the 191 counties affected by Hurricane Irene, according to ... New York Judge: Al-Qaida Owes $9.3 Billion for 9/11 Harm A magistrate judge in New York has recommended that al-Qaida be assessed $9.3 billion for the damage done to properties and businesses in ... State Farm: Its Conn. Deductible Decision Grounded in Fairness State Farm Insurance says U.S. Senator Richard Blumenthal's request that the company drop Irene-related hurricane deductibles in ... More East News Midwest Michigan House Panel OKs Auto Insurance Changes A Republican-led state House committee has approved a proposal that would change Michigan's auto insurance coverage requirements for people ... Illinois Governor Appoints 29 Workers' Comp Arbitrators Illinois Governor Pat Quinn has appointed 29 arbitrators in Illinois' workers' compensation system. Arbitrators rule on claims filed ... Nebraska Insurance Director Needs More Data on Exchange Cost Nebraska insurance officials can't decide whether to recommend a state-based health insurance exchange or follow a proposed federal model ... Holmes Murphy Adds Johnson and Shald in Nebraska Office Holmes Murphy Division Leader Beau Reid has announced the addition of two industry professionals to the company's Nebraska division. Craig ... More Midwest News Southeast Tennessee Caps Medical Malpractice Damages Insurers in Tennessee will payout fewer damages in medical malpractice cases after a new cap on damages took effect earlier this month. The ... Motorists Sue Tennessee City Over Traffic Cameras Motorists are suing Bluff City for $6 million over its traffic cameras. Chris Cawood and Jonathan Proffitt claim the city and Arizona-based ... More Southeast News South Central Kephart Joins IIAT as E&O Marketing Specialist Gunnar Kephart has joined The Independent Insurance Agents of Texas as E&O marketing specialist. In this newly created role, Kephart ... Hornyak, Hansen Honored by Texas Insurance Professionals Brenda Jo Hornyak office manager, at Hendry Insurance in Plano, Texas, has been named Insurance Professional of the Year and Ashley Hansen ... Oklahoma Workplace Deaths Up in 2010, as Jobs Added Oklahoma workplace deaths rose 11 percent last year, but the increase was likely caused by people returning to work following the steep ... More South Central News West Western Adjuster Jim Buckley Bought by JBA Jim Buckley & Associates of Anaheim, Calif. has been purchased by IAS Claim Services. Jim Buckley, a regional adjusting firm, which ... Full Containment on Washington-area Harbor Oil Spill It was a busy weekend for oil and fuel spills around Washington harbors. Containment efforts are wrapped up on three oil or fuel spills off the state's coast Report on Colorado's Fourmile Fire: Insurance Losses Exceed $200 Million A preliminary report on the 2010 Fourmile Canyon wildfire in Boulder County shows insured losses exceeded $200 million, fire management ... More West News International Thailand: Bangkok Escape Floods as Waters Recede The government expressed confidence Sunday that Bangkok will escape Thailand's worst flooding in decades, as the capital's elaborate ... Death Toll from Rain in Central America Climbs to 81 The death toll from torrential rains in Central America over the past week has almost doubled since Saturday, with a further 25 lives lost ... Bermuda Re/Insurers Announce Q3 Cat Loss Estimates A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given ... RIM Offers Free Apps to Appease BlackBerry Customers Canada's Research In Motion Ltd said it will offer free premium apps worth more than $100, in a bid to appease its customers following ... U.S. SEC to Limit Charges Against Allianz The U.S. Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, ... Ratings Recap: Qualitas, Qatar General A.M. Best Co. has affirmed the financial strength rating of 'B-' (Fair) and issuer credit rating of "bb-" of Mexico's Qualitas Compania ... More International News Sponsored Content The e-Marketing Minute is a bi-weekly video series designed to help insurance agents learn how to grow their agency utilizing the Internet. Check it out. More Sponsored Content Join the Insurance Journal Network Insurance Journal TV Thinking Globally, Operating Locally All insurance is regional, according to conventional wisdom, so maintaining strong local... Watch Now Triage Nurses Cut Costs in Workers' Comp What if a business could lower its workers' compensation claims costs by as much as 30... Watch Now Watch more videos at InsuranceJournal.tv New Discussions in the Forums Salary- CPCU Posted: Mon Oct 17 -- Not sure about others but here is what I have on CPCU from my dads experience. Now I am just an aspiring Insurance executive but this has... KeeponTruckin Can you get different rates for same insurer? Posted: Sat Oct 15 -- I agree. Your relationship with the underwriter will influence the rate as well as your agencies volume with that particular carrier. If you... saabins Book recommendation for starting an agency? Posted: Fri Oct 14 -- No book that I know of. Suggestion work with someone who have done it for a long time so you aren't recreating the wheel on everything. You... golongd Joint Underwriting Association vs. a state Auto Plan? Posted: Fri Oct 14 -- What is the difference between a Joint Underwriting Association and a state "Automobile Insurance Plan"? Don't they both serve the same... John J90 Why bother with an agency management system? Posted: Fri Oct 14 -- I think that there are many different reasons for having an agency management system vs. not having one or building one yourself. With an... chris294 Value of a NJ IA? Posted: Fri Oct 14 -- As a rule 1.5 to 2.5 times agency revenue is a good starting point ... other variables include ability to keep agency personnel who have the... JKTiene Should I get Cal. Low Cost Auto Ins. in our office? Posted: Fri Oct 14 -- I agree with all of the above. There is no way to profitably service this market segment except with broker fees which you are not allowed... Rochambeau Go to Forums Reader Comments Top 10 Excuses From Drivers Caught Using Phones Posted: Fri Oct 14 -- These people should be cited for stupidity. Jester In Few Years, Social Network Data May Be Used in Underwriting Posted: Thu Oct 13 -- Who'd a thunk that "Big Brother" would end up watching us through FaceBook? As IF credit scoring isn't invasive enough, we will now soon be... Dee Hartford Is Latest Site of Wall Street Protest Posted: Tue Oct 11 -- Right now this is a fun fall picnic. Lets see how committed to the cause the protesters/campers are once its 45 degrees and rainy outside. LaMichael Widow Sues Tennessee Veterans Hospital Over Husband's Suicide Posted: Fri Oct 14 -- I am so sorry to read about what happened to Scott Eiswert and now to his family. I know a lot of veterans who have received shabby care... Waterbug Michigan Court Says Man Can Sue In-Laws Over Fall Posted: Tue Oct 11 -- Jerk! Texas Agent Go to Popular Comments Subscriber Tools Send this to a friend Subscribe Unsubscribe Submit News Contact Us Current Issue Focus on Professional Liability / PLUS, Law Firm Directory, Commercial Property, Insurance Geek Issue - What's New in Technology October 17, 2011 More Newsletters Choose Newsletters Daily Headlines Weekly Reader Picks Magazine Update Insurance Journal TV Classifieds Breaking News MyNewMarkets Daily Claims Daily Enter Your E-mail Market Directories Excess & Surplus Markets Programs Workers' Comp Markets New Insurance Jobs Program Manager II Senior Loss Reserve Analyst Litigation Specialist Commercial Lines Product Development Have a job opening? List it on our Web site. How to Advertise For information about advertising on this newsletter and Insurance Journal magazines, contact Julie Tinney at (800) 897-9965 x148. View our Media Kit for advertising options in our magazines and online properties. Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.